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Debate House Prices
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anyone just taking a back seat now?
Comments
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jamescredmond wrote: »the wrong side of 40.
the wrong side?
as I near the big 4 - 0.... well ok im a couple of years away..... I find myself desperately trying to convince myself that under 40 is the wrong side....
it's not working. :rolleyes:0 -
better to be the big 40 than the alternative
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merlinthehappypig wrote: »Thanks.
I hadn't bothered to post the details because just recently it didn't seem to matter what side of the argument you were on, people just jumped down your throat whatever you said. I used to enjoy the debate on this forum, but not any longer.
We have found a place we really like so fingers crossed it will go through this time.
I realise that it will probably be worth less than we paid in a year's time, but have done everything we can to minimise any risk. We are paying 83.8% of the original 2007 asking price and, whilst we need a mortgage, we have managed to keep it to a fairly low level. More importantly, we are paying just slightly double the price it sold for in 2000, when the average price has almost tripled in that period, so I believe.
Finances aside we will be settled in a house we like and which suits our needs in an area we know and like. It's difficult to put a price on that.
Edit: And we have room for the ponies to live with us - just need a cart for when the diesel runs out/gets too expensive and plenty of room to grow our own food when we need a 2nd mortgage to go to Tescos.
Hear, hear!
Couldn't agree more. Sometimes, I wonder if people lose the picture that a house is a HOME, not just an investment, and the price you pay is irrelevant until you come to move.
Housing your family comfortably is far more important than anything else. So long as the figures work out and there's a contingency for the "worst case scenario" then go for it!0 -
I'm very happy for you Merlin and wish you all the best. I've always seen no point in living somewhere you don't like, maybe wasting years of your life, just to bag a supposed, maybe or maybe not, bargain a few years down the line.
Enjoy your new home.0 -
Brilliant plan. Except chavs will be out scouting round looking for veggies and horses to nick in the night.merlinthehappypig wrote: »we have room for the ponies to live with us - just need a cart for when the diesel runs out/gets too expensive and plenty of room to grow our own food when we need a 2nd mortgage to go to Tescos.0 -
LOL/home.jamescredmond wrote: »fit?
pretty much - no pregnant man about me but the wrong side of 40.
my OH said it's fine for me to hook up with you in jersey.
but she said I needn't bother coming home.
now THAT'S what I call an offer!
There might be some cash to be made in here for me then.... maybe she'll make a good cash offer to get rid of you.
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I'm exactly like this, my friend. The writing is now well and truly on the wall and there's now no need for us to read it to people.I started here a few months back and would post heavily about how we were in a house price crash... now i know its happening... i dont need to freqent this forum as much its plastered everywhere... its spoken about everywhere.... Now im just playing the waiting game
Anyone else like this?0 -
Yup, I haven't been posting as much here anymore. Mostly just browsing. Now I'm getting excited with the propect of interest rate increases, so I guess I'll be looking more into the Savings board.
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Yes me, although I never really posted much here in the first place. My deposit is sitting there, waiting to pounce.0
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Dont you mean you have finally realised that that huge crash you want aint never gonna happen?I started here a few months back and would post heavily about how we were in a house price crash... now i know its happening... i dont need to freqent this forum as much its plastered everywhere... its spoken about everywhere.... Now im just playing the waiting game
Anyone else like this?0
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